Account Receivable Executive

1 week ago


Subang Jaya, Selangor, Malaysia New Ocean World Fine Food City Sdn. Bhd. Full time

Job Summary:

Key Responsibilities:

1.

Invoicing:

Generate DN/CR and issue accurate invoices for restaurant services, including food, beverages, catering, and events, ensuring compliance with pricing and billing policies.

2.

Account Monitoring:
Monitor accounts receivable aging reports to identify overdue accounts and initiate appropriate follow-up actions to secure outstanding payments.

3.

Payment Processing:
Record and reconcile payments/cash received from outlets using the accounting system, ensuring accuracy and timeliness in posting transactions.

5.

Reconciliation:

Reconcile accounts receivable ledger, bank account, credit card and e-wallet with general ledger accounts to ensure accuracy and completeness of financial records.

6.

Reporting:

Prepare regular reports on accounts receivable status, aging analysis, and collection activities for management review, providing insights and recommendations for improving cash flow and reducing outstanding balances.

7.

Process Improvement:

Identify opportunities to streamline accounts receivable processes, enhance efficiency, and implement best practices to optimize revenue collection and minimize bad debts.

8.

Compliance:

Ensure compliance with restaurant policies, accounting standards, and regulatory requirements related to accounts receivable management, maintaining confidentiality and integrity of financial data.

9.

Documentation:

Maintain organized records and documentation of accounts receivable transactions, correspondence with customers, and collection efforts, ensuring completeness and accuracy of documentation.


Qualifications and Skills:

  • Bachelor's degree in Accounting, Finance, Business Administration, or related field preferred.
  • Proven experience in accounts receivable, billing, or finance role, preferably in the hospitality or restaurant industry.
  • Strong understanding of accounting principles, billing procedures, and revenue recognition standards.
  • Detail-oriented with strong analytical and problem-solving abilities.
  • Ability to prioritize tasks, work independently, and meet deadlines in a fast-paced environment.
  • Knowledge of restaurant billing practices, POS systems, and industry-specific regulations is advantageous.

Pay:
RM3, RM4,500.00 per month

Benefits:

  • Health insurance
  • Maternity leave
  • Opportunities for promotion
  • Parental leave
  • Professional development

Schedule:

  • Monday to Friday

Application Question(s):

  • How long is your notice period?
  • What is your expected salary?

Education:

  • STM/STPM (preferred)

Experience:

Accounts Receivable: 3 years (preferred)

Language:

  • Mandarin (preferred)
Expected Start Date: 06/04/2024

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